India's retail inflation (INCPIY=ECI) rose to 2.07% in August as food prices edged up, although it remained within the central bank's tolerance range for the tenth consecutive month.
Food prices in August decreased by 0.69%, compared to a decline of 1.76% in July, while vegetable prices dropped by 15.92%, a smaller decrease than the 20.69% fall in the previous month.
Food prices are projected to rise due to above-average rainfall in August, with similar weather conditions expected in September, which could harm India's summer-sown crops, including rice, cotton, soybean, and pulses.
Tax reductions announced by Prime Minister Narendra Modi on food and numerous consumer items are expected to help lower inflation in the coming months.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decisio...
Britain's Defence Minister, John Healey, and Armed Forces Minister, Al Carns, have resigned from UK Prime Minister Keir Starmer’s government over a...
Spanish football club Real Madrid has appointed José Mourinho as its new manager. The 63-year-old nicknamed “the special one” returns to the hel...
Nigeria’s parliament approved a constitutional bill on Thursday that would allow each of the country’s 36 states to create and operate its own pol...
Pakistan says it has killed 26 militants in strikes on terrorist hideouts along the Afghan border, marking the most significant escalation between the...
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
Britain's Defence Minister, John Healey, and Armed Forces Minister, Al Carns, have resigned from UK Prime Minister Keir Starmer’s government over a disagreement about defence spending.
Spanish football club Real Madrid has appointed José Mourinho as its new manager. The 63-year-old nicknamed “the special one” returns to the helm of Spain’s most successful football club, more than a decade since his last stint as the team's manager.
Nigeria’s parliament approved a constitutional bill on Thursday that would allow each of the country’s 36 states to create and operate its own police force alongside the federal Nigeria Police Force. The reform, long debated, aims to tackle the country’s growing security challenges.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
The Pakistani city of Karachi is struggling under severe heat and humidity as the country enters a prolonged heatwave period. The Pakistan Meteorological Department (PMD) has warned of above-normal temperatures across much of the country between 7 and 12 June.
Ukraine's military said it struck a Russian "shadow fleet" tanker in the Black Sea as part of ongoing efforts to disrupt Moscow's energy and logistics networks. The move underscores Kyiv's focus on targeting maritime assets it says are used to bypass sanctions on Russian oil exports.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
Mexico City has been hit by major disruption eight days before it hosts the opening match of the 2026 FIFA World Cup, as teachers, retired judges and other groups staged mass protests.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
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